World Investment Advisors Grows Stock Position in Avantis U.S. Equity ETF $AVUS

World Investment Advisors grew its stake in Avantis U.S. Equity ETF (NYSEARCA:AVUS) by 6.7% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 441,517 shares of the company’s stock after buying an additional 27,580 shares during the quarter. Avantis U.S. Equity ETF accounts for about 0.8% of World Investment Advisors’ portfolio, making the stock its 23rd largest holding. World Investment Advisors owned about 0.44% of Avantis U.S. Equity ETF worth $49,088,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AVUS. Align Financial LLC purchased a new position in Avantis U.S. Equity ETF during the fourth quarter valued at approximately $4,024,752,000. Maseco LLP purchased a new stake in Avantis U.S. Equity ETF in the 1st quarter worth approximately $259,864,000. Financial Plan Inc. acquired a new stake in shares of Avantis U.S. Equity ETF during the 4th quarter worth approximately $149,298,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of Avantis U.S. Equity ETF by 145.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,750,845 shares of the company’s stock worth $195,709,000 after purchasing an additional 1,036,918 shares during the period. Finally, Mercer Global Advisors Inc. ADV increased its holdings in shares of Avantis U.S. Equity ETF by 181.2% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 1,134,255 shares of the company’s stock valued at $123,293,000 after purchasing an additional 730,960 shares in the last quarter.

Avantis U.S. Equity ETF Price Performance

AVUS opened at $127.09 on Friday. The firm has a fifty day moving average price of $125.55 and a 200 day moving average price of $118.37. Avantis U.S. Equity ETF has a 1 year low of $100.71 and a 1 year high of $128.86. The stock has a market cap of $13.64 billion, a P/E ratio of 20.35 and a beta of 0.99.

Avantis U.S. Equity ETF Company Profile

The Avantis U.S. Equity ETF (AVUS) is an exchange-traded fund that is based on the Russell 3000 index. The fund is an actively managed portfolio of US equities of all market capitalizations, with a bias toward smaller, more profitable or value companies. AVUS was launched on Sep 24, 2019 and is managed by American Century Investments.